TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Moulton-based SouthStar Bank has purchased the Kerrville branch of Community First National Bank with the full approval of the Texas Department of Savings and Mortgage Lending and the Office of the Comptroller of the Currency. The branch, located at 1101 Junction Hwy., opened as a SouthStar Bank branch on August 30. The community is invited to … Read more
With housing costs on the rise across Texas, finding an affordable place to live has become a crisis for too many families. Family incomes are not rising nearly as quickly as home prices in most regions of the state. According to studies, housing costs should account for less than 31 percent of a family’s income; … Read more
The Texas Tech School of Banking recently completed its 2021 session. Banking professionals from across Texas and four other states traveled to the Rawls College of Business on the campus of Texas Tech University in Lubbock for the program. Established in 1973, the school offers a blend of traditional academic coursework and interactive lecture sessions … Read more
CSB Bancshares Inc. and Burton Bancshares Inc. recently announced that an agreement for the merger of Burton-based Burton State Bank into Sommerville-based Citizens State Bank was signed in mid-August by the boards of both entities. The transaction is expected to close before the end of the year. Upon completion, Burton State Bank will become the … Read more
The Independent Bankers Association of Texas (IBAT) announced this year’s three winners of its coveted Five*Star Award in June during the association’s 2021 IBAT Connecting Leaders Conference held in Grapevine, Texas. The 2021 recipients are Fenimore, Kay, Harrison & Ford LLP (category 1, small-size business); Bank Compensation Consulting (BCC) (category 2, medium-size business); and CLA … Read more
The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, has announced the 22 recipients of the 2021 50-Year Banker Awards. Each of the bankers selected is recognized for his/her exemplary and long-standing service to the banking industry. Launched in 1989 by the Texas Bankers Association, the 50-Year Banker Awards honor the men and … Read more
In early August, Longview-based Texas Bank and Trust announced the opening of its new Flower Mound branch. Full-service banking at the new facility, located at 737 International Pkwy., Ste. 150, will begin on August 16. Jeremiah Hansen (pictured above) will lead the team as Flower Mound market president. Joining him in the new branch will … Read more
The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association (TBA), has announced the 14 recipients of its 2021 Emerging Leader Awards. Each banker was chosen for his/her outstanding qualities by the president, CEO or chair of a TBA-member banking institution. Launched in 2019 by the Texas Bankers Foundation in collaboration with the Bank … Read more
Frisco-based Texas Republic Bank is celebrating 130 years in business and 10 years under the ownership of TXRB Holdings Inc. by opening a branch in Celina. Established in 1891, it is the only bank headquartered in Frisco and the oldest bank charter headquartered in Collin County. In 2011, Texas Republic Bank was acquired by an … Read more
Board education and training are essential best practices in the new era of community banking. Regulatory expectations and wise management demand a skill set that many directors lack. The Southwestern Graduate School of Banking Foundation (SWGSB) and the Independent Bankers Association of Texas (IBAT) have recognized this and offer the Certified Community Bank Director’s (CCBD) … Read more